Traditional finance and crypto are coming closer together as President Donald Trump encourages more favorable regulation of digital assets.

2024 was a memorable year for America’s banking giants. According to a recent report in the Financial Times, the seven largest banks in the country represented 56% of the industry’s profits during the ...

U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta ...

Top US bank regulators will hold a virtual meeting on March 6 to solicit public feedback on how effective their regulations are for Wall Street firms, consumers and depositors.

Wall Street's main indexes rose on Friday, driven by gains in Apple following its strong sales forecast and a reading of the ...

Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...

Apple gained 3.4% in premarket trading after its earnings on Thursday, when executives forecast relatively strong sales ...

Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that the Board of Directors of its parent mutual holding company, ...

Europe's economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...

Investment bank Lazard reported a rise in fourth-quarter profit on Thursday due to a strong performance in its advisory ...

Mirroring the trend, Lazard also reported a 6% rise in financial advisory revenue on an adjusted basis in the last three months of 2024 to $508 million over the previous year.

The Federal Reserve held interest rates steady on Wednesday after price increases ticked up over the last three months, suggesting inflation may still have some life in it. Central bankers held ...